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Protect your portfolio with triggers


This tutorial shows you how to change settings and other behaviour, based on a market condition. By the end of this guide, your Hopper will use Triggers to automatically stop buying when the markets crash.

Prerequisites#

Before you begin, ensure that you have the following prerequisites:

Creating your first Trigger#

  1. Click the “Config” dropdown in the menu bar on the left and click on “Triggers”.
  2. Click the “New” button.
  3. Give your trigger a name.
  4. Select the exchange, market and candle size it should watch.
  5. Decide what should trigger the action. Select A.I., or EMA if you don’t have an A.I.
  6. Click the dropdown. At the “Trigger when” dropdown, select “downtrend”. For A.I. users, select which A.I. you’d like to use.
  7. Select which action the Trigger should make. Since there’s a downtrend, we want to stop buying. Select “Set buying status”. Click the dropdown and make sure at “Set Status”, “disabled” is selected.
  8. (optional) set a cooldown if you don’t want a trigger to work for an amount of period after it worked.
  9. Click “Save”.

What’s next?#

We will need to automatically enable buying too. Create your next Trigger.

  1. Create another Trigger.
  2. Repeat steps 3, 4 & 5.
  3. Repeat step 6, only now select “Uptrend” at the “Trigger when” dropdown.
  4. Select which action the Trigger should make. Select “Set buying status”. Now click the dropdown and make sure at “Set Status”, now is selected as “enabled”.
  5. (optional) set a cooldown if you don’t want a trigger to work for an amount of period after it worked.
  6. Click “Save”.

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